STOCK TITAN

Quantum Genesis AI proposes $5M securities offering

The financial statements report no revenue, a $24,912 net loss and negative stockholders’ equity of $443,254.

(Neutral)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

Form Type
1-A

Rhea-AI Filing Summary

Quantum Genesis AI Corp. proposes a primary Regulation A offering of 625,000,000 securities. The offering table lists a price of $0.0640 per security, an aggregate offering price attributable to issuer securities of $5,000,000, and estimated net proceeds to the issuer of $4,950,000. The company reported $0 in revenue, a net loss of $24,912, total liabilities of $443,313, and stockholders’ equity of negative $443,254.

Filing Explained

The filing lists 40,972,050 common shares outstanding, but does not identify the class of the 625,000,000 proposed securities, so it does not establish whether the offering would dilute common holders. If they are additional shares, their issuance would increase the share count and reduce existing holders’ ownership percentages.

Securities offered 625,000,000 securities Regulation A offering
Price per security $0.0640 Regulation A offering
Aggregate offering price attributable to issuer securities $5,000,000 Regulation A offering
Estimated net proceeds to issuer $4,950,000 Regulation A offering
Total revenues $0 Issuer financial information
Net income -$24,912 Issuer financial information
Total liabilities $443,313 Issuer financial information
Total stockholders’ equity -$443,254 Issuer financial information
aggregate offering price financial
"The portion of the aggregate offering price attributable to securities"
The aggregate offering price is the total dollar amount that will be raised if all the securities in an offering are sold at the stated offering price, before fees or expenses are taken out. Investors use it to gauge the size of the fundraising and its potential effects—such as how much cash the company will get and how much existing ownership might be reduced—similar to totaling every item’s price in a shopping cart to see the full bill.
net proceeds financial
"Estimated net proceeds to the issuer"
The amount of money a company actually keeps from a sale or fundraising after paying all direct costs and fees, similar to take-home pay after taxes and deductions. Investors care because net proceeds determine how much cash is available for things that affect value—paying debt, funding projects, buying assets, or returning money to shareholders—so it influences future growth potential and financial health.
selling securityholders financial
"securities being offered on behalf of selling securityholders"
Selling securityholders are existing owners of a company's stocks or other tradable claims who are offering some or all of their holdings for sale in a public offering or secondary transaction. Investors watch these sellers because large or insider sales can increase the number of shares available, put downward pressure on price, and signal insiders’ views about future prospects—much like many people selling tickets at once can change the market for an event.
qualified offering statement regulatory
"pursuant to any other qualified offering statement"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many securities is QGAI offering, and at what price?

Quantum Genesis AI Corp. lists 625,000,000 securities offered at $0.0640 per security. It lists $5,000,000 as the aggregate offering price attributable to issuer securities and estimates net proceeds to the issuer of $4,950,000.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Available on EDGAR Accepted by SEC EDGAR Learn about SEC filing dates
schemaVersion:

1-A: Filer Information

Issuer CIK0001663038
Issuer CCCXXXXXXXX
DOS File Number
Offering File Number
Is this a LIVE or TEST Filing? LIVE TEST
Would you like a Return Copy?
Notify via Filing Website only?
Since Last Filing?

Submission Contact Information

Name
Phone
E-Mail Address

1-A: Item 1. Issuer Information

Issuer Infomation

Exact name of issuer as specified in the issuer's charter

Quantum Genesis AI Corp.

Jurisdiction of Incorporation / Organization

NEVADA

Year of Incorporation

2015

CIK

0001663038

Primary Standard Industrial Classification Code

INDUSTRIAL ORGANIC CHEMICALS

I.R.S. Employer Identification Number

36-4806481

Total number of full-time employees

1

Total number of part-time employees

0

Contact Infomation

Address of Principal Executive Offices

Address 1

15656 BERNARDO CENTER DRIVE

Address 2

SUITE 801

City

SAN DIEGO

State/Country

CALIFORNIA

Mailing Zip/ Postal Code

92127

Phone

858-203-0312

Provide the following information for the person the Securities and Exchange Commission's staff should call in connection with any pre-qualification review of the offering statement.

Name

Jonathan Leinwand

Address 1

Address 2

City

State/Country

Mailing Zip/ Postal Code

Phone

Provide up to two e-mail addresses to which the Securities and Exchange Commission's staff may send any comment letters relating to the offering statement. After qualification of the offering statement, such e-mail addresses are not required to remain active.

Financial Statements

Use the financial statements for the most recent period contained in this offering statement to provide the following information about the issuer. The following table does not include all of the line items from the financial statements. Long Term Debt would include notes payable, bonds, mortgages, and similar obligations. To determine "Total Revenues" for all companies selecting "Other" for their industry group, refer to Article 5-03(b)(1) of Regulation S-X. For companies selecting "Insurance", refer to Article 7-04 of Regulation S-X for calculation of "Total Revenues" and paragraphs 5 and 7 of Article 7-04 for "Costs and Expenses Applicable to Revenues".

Industry Group (select one) Banking Insurance Other

Balance Sheet Information

Cash and Cash Equivalents

$ 59.00

Investment Securities
$ 0.00
Total Investments

$

Accounts and Notes Receivable

$ 0.00

Loans

$

Property, Plant and Equipment (PP&E):

$ 0.00

Property and Equipment

$

Total Assets

$ 59.00

Accounts Payable and Accrued Liabilities

$ 175502.00

Policy Liabilities and Accruals

$

Deposits

$

Long Term Debt

$ 0.00

Total Liabilities

$ 443313.00

Total Stockholders' Equity

$ -443254.00

Total Liabilities and Equity

$ 59.00

Statement of Comprehensive Income Information

Total Revenues

$ 0.00

Total Interest Income

$

Costs and Expenses Applicable to Revenues

$ 0.00

Total Interest Expenses

$

Depreciation and Amortization

$ 0.00

Net Income

$ -24912.00

Earnings Per Share - Basic

$ 0.00

Earnings Per Share - Diluted

$ 0.00

Name of Auditor (if any)

Fruci & Associates II, PLLC

Outstanding Securities

Common Equity

Name of Class (if any) Common Equity

Common Stock

Common Equity Units Outstanding

40972050

Common Equity CUSIP (if any):

75955E205

Common Equity Units Name of Trading Center or Quotation Medium (if any)

OTC Markets

Preferred Equity

Preferred Equity Name of Class (if any)

Series A

Preferred Equity Units Outstanding

0

Preferred Equity CUSIP (if any)

N/A

Preferred Equity Name of Trading Center or Quotation Medium (if any)

None

Preferred Equity

Preferred Equity Name of Class (if any)

Series B

Preferred Equity Units Outstanding

500

Preferred Equity CUSIP (if any)

N/A

Preferred Equity Name of Trading Center or Quotation Medium (if any)

None

Debt Securities

Debt Securities Name of Class (if any)

Debt Securities Units Outstanding

0

Debt Securities CUSIP (if any):

N/A

Debt Securities Name of Trading Center or Quotation Medium (if any)

None

1-A: Item 2. Issuer Eligibility

Issuer Eligibility

Check this box to certify that all of the following statements are true for the issuer(s)

  • Organized under the laws of the United States or Canada, or any State, Province, Territory or possession thereof, or the District of Columbia.
  • Principal place of business is in the United States or Canada.
  • Not subject to section 13 or 15(d) of the Securities Exchange Act of 1934.
  • Not a development stage company that either (a) has no specific business plan or purpose, or (b) has indicated that its business plan is to merge with an unidentified company or companies.
  • Not an investment company registered or required to be registered under the Investment Company Act of 1940.
  • Not issuing fractional undivided interests in oil or gas rights, or a similar interest in other mineral rights.
  • Not issuing asset-backed securities as defined in Item 1101 (c) of Regulation AB.
  • Not, and has not been, subject to any order of the Commission entered pursuant to Section 12(j) of the Exchange Act (15 U.S.C. 78l(j)) within five years before the filing of this offering statement.
  • Has filed with the Commission all the reports it was required to file, if any, pursuant to Rule 257 during the two years immediately before the filing of the offering statement (or for such shorter period that the issuer was required to file such reports).

1-A: Item 3. Application of Rule 262

Application Rule 262

Check this box to certify that, as of the time of this filing, each person described in Rule 262 of Regulation A is either not disqualified under that rule or is disqualified but has received a waiver of such disqualification.

Check this box if "bad actor" disclosure under Rule 262(d) is provided in Part II of the offering statement.

1-A: Item 4. Summary Information Regarding the Offering and Other Current or Proposed Offerings

Summary Infomation

Check the appropriate box to indicate whether you are conducting a Tier 1 or Tier 2 offering Tier1 Tier2
Check the appropriate box to indicate whether the financial statements have been audited Unaudited Audited
Types of Securities Offered in this Offering Statement (select all that apply)
Equity (common or preferred stock)

The information called for by this item below may be omitted if undetermined at the time of filing or submission, except that if a price range has been included in the offering statement, the midpoint of that range must be used to respond. Please refer to Rule 251(a) for the definition of "aggregate offering price" or "aggregate sales" as used in this item. Please leave the field blank if undetermined at this time and include a zero if a particular item is not applicable to the offering.

Price per security $ 0.0640
The portion of the aggregate offering price attributable to securities being offered on behalf of the issuer $ 5000000.00
The portion of the aggregate offering price attributable to securities being offered on behalf of selling securityholders $ 0.00
The portion of the aggregate offering price attributable to all the securities of the issuer sold pursuant to a qualified offering statement within the 12 months before the qualification of this offering statement $ 0.00
The estimated portion of aggregate sales attributable to securities that may be sold pursuant to any other qualified offering statement concurrently with securities being sold under this offering statement $ 0.00
Total (the sum of the aggregate offering price and aggregate sales in the four preceding paragraphs) $ 5000000.00

Anticipated fees in connection with this offering and names of service providers

Underwriters - Name of Service Provider Underwriters - Fees $ 0.00
Sales Commissions - Name of Service Provider Sales Commissions - Fee $ 0.00
Finders' Fees - Name of Service Provider Finders' Fees - Fees $ 0.00
Accounting or Audit - Name of Service Provider Fruci & Associates II, PLLCAccounting or Audit - Fees $ 10000.00
Legal - Name of Service Provider Jonathan D. Leinwand, P.A.Legal - Fees $ 20000.00
Promoters - Name of Service Provider Promoters - Fees $ 0.00
Blue Sky Compliance - Name of Service Provider Jonathan D. Leinwand, P.A.Blue Sky Compliance - Fees $ 20000.00
CRD Number of any broker or dealer listed:
Estimated net proceeds to the issuer $ 4950000.00
Clarification of responses (if necessary)

1-A: Item 5. Jurisdictions in Which Securities are to be Offered

Jurisdictions in Which Securities are to be Offered

Using the list below, select the jurisdictions in which the issuer intends to offer the securities

Selected States and Jurisdictions

ALASKA
ALABAMA
ARKANSAS
ARIZONA
CALIFORNIA
COLORADO
CONNECTICUT
DISTRICT OF COLUMBIA
DISTRICT OF COLUMBIA
DISTRICT OF COLUMBIA
DISTRICT OF COLUMBIA
DELAWARE
FLORIDA
GEORGIA
HAWAII
IOWA
IDAHO
ILLINOIS
INDIANA
KANSAS
KENTUCKY
LOUISIANA
MASSACHUSETTS
MARYLAND
MAINE
MICHIGAN
MINNESOTA
MISSOURI
MISSISSIPPI
MONTANA
NORTH CAROLINA
NORTH DAKOTA
NEBRASKA
NEW HAMPSHIRE
NEW JERSEY
NEW MEXICO
NEVADA
NEW YORK
OHIO
OKLAHOMA
OREGON
PENNSYLVANIA
RHODE ISLAND
SOUTH CAROLINA
SOUTH DAKOTA
TENNESSEE
TEXAS
UTAH
VIRGINIA
VERMONT
WASHINGTON
WISCONSIN
WEST VIRGINIA
WYOMING

Using the list below, select the jurisdictions in which the securities are to be offered by underwriters, dealers or sales persons or check the appropriate box

None
Same as the jurisdictions in which the issuer intends to offer the securities
Selected States and Jurisdictions

1-A: Item 6. Unregistered Securities Issued or Sold Within One Year

Unregistered Securities Issued or Sold Within One Year

None

Unregistered Securities Act

(d) Indicate the section of the Securities Act or Commission rule or regulation relied upon for exemption from the registration requirements of such Act and state briefly the facts relied upon for such exemption

Keep reading